As Boise continues on as one of the hottest real estate markets in the US it’s to be expected that there will be buyers that will start to tire of playing the game. Bidding wars, homes flying off the market, and dramatic price increases have pushed many potential buyers from finding their home in the Treasure Valley and giving up on real estate here altogether.
The recent NYTimes article:
Burned by Hot Housing Market, Some Buyers Back Off
discusses this issue and what’s behind it. I was featured in this article along with my new clients and although the subject can be depressing, it’s also eye-opening for those looking to buy a home in the area.
My experience working with Buyers in this market is that if they are realistic, reactive, and properly prepared they can avoid buyer burnout and succeed in finding a home relatively quickly. This is why hiring the right real estate agent is so important. In a competitive market like Boise, a good agent will know how to navigate a multiple offer situation and make their client’s offer stand out.
Over the past several years I have helped numerous buyers successfully find their first home or next home on their first and or second attempt. Thoroughly researching the home and comparables, communicating with the listing agent, and coming up with creative terms to make an offer stand out against the competition are some of the ways my clients have beat out other offers, even those that had higher-priced offers than my clients. Don’t take my word for it, read what some of my clients, many with challenging circumstances said about their experience working with me in this market.
If you would like to learn how to succeed in buying a home in Boise’s hot market please contact Jennifer Louis, Real Estate Expert for the Boise Metro Area for a free buyer consultation. (208) 509-9122 or jennlouis@welcometoboiseandbeyond.com
